Alacer Gold Forward P/E

What is the Forward P/E of Alacer Gold?

The Forward P/E of Alacer Gold Corp. is 9.06

What is the definition of Forward P/E?

Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.

The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.

Forward P/E of companies in the Materials sector on ASX compared to Alacer Gold

What does Alacer Gold do?

Alacer Gold Corp. engages in the mining, development, and exploration of mineral deposits in Turkey. It primarily holds an 80% interest in the ÃÃ¶pler gold mine that is located in the Erzincan Province, east-central Turkey. The company is based in Denver, Colorado. As of September 16, 2020, Alacer Gold Corp. operates as a subsidiary of SSR Mining Inc.

Companies with forward p/e similar to Alacer Gold

Michelmersh Brick Plc has Forward P/E of 9.04
Cisco Systems has Forward P/E of 9.04
Magellan has Forward P/E of 9.04
Orapi SA has Forward P/E of 9.05
Heritage Foods has Forward P/E of 9.05
CVR Inc has Forward P/E of 9.05
Alacer Gold has Forward P/E of 9.06
Majesco has Forward P/E of 9.06
CNA has Forward P/E of 9.06
Eldorado Resorts has Forward P/E of 9.07
Apollo Investment has Forward P/E of 9.07
Citizens Community Bancorp Inc MD has Forward P/E of 9.07
Northfield Bancorp Inc has Forward P/E of 9.07